Disclosed are a communication method and an apparatus. The method includes: when a first terminal device supports sending of an uplink signal and a sidelink signal in a first time unit on a first carrier, determining, by the first terminal device based on priorities of the uplink signal and the sidelink signal, a first transmit power of the uplink signal and a second transmit power of the sidelink signal; and sending, by the first terminal device, the uplink signal based on the first transmit power, and/or sending the sidelink signal based on the second transmit power.